Transformation Series Challenge by YES Bank

YES Bank, through partnerships with tech giants such as Microsoft, Cisco, IBM and Adobe has unveiled the 7th edition of ‘Transformation Series Challenge’. The Theme of the event is ‘tech for urban development’. The issues identified include over-utilisation of plastic and declining air quality in cities. Rana Kapoor is Managing Director and Chief Executive of YES Bank.

Microsoft signs MoU with Rajasthan Government

Microsoft signed a MoU with the Rajasthan Government to provide free digital training to 9,500 college students in one year. The initiative was taken for the enhancement of digital learning and capacity building of college students in the state. The company will run MS office specialist training programme in 50 government colleges from August which will benefit 9,500 students.

Zuckerberg becomes 3rd richest person

Mark Zuckerberg has leapfrogged Warren Buffett to become the third richest person in the world. Zuckerberg is now worth $81.6 billion, about $373 million more than Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc. Zuckerberg trails only Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates.

Jeff Bezos becomes richest man in the world

Amazon founder and CEO Jeff Bezos becomes the richest man in the world with a net worth of USD 141.9 billion according to the Forbes world’s billionaire list. Bezos beat the principal founder of Microsoft Corp. Bill Gates, who is the second richest man with a total wealth of USD 92.9 billion. Bezos’ company Amazon has now become the second most valuable company in the world after Apple.

Microsoft becomes third most valuable firm

Microsoft has surpassed Alphabet, in the market capitalisation for the first time in 3 years, becoming the 3rd most valuable firm after Apple & Amazon globally. On May 29, 2018, Microsoft reportedly had a market cap of $753 billion at the close of trading, almost $14 billion ahead of Alphabet. Apple leads with a market cap of $924 billion & Amazon is at second spot with nearly $783 billion.

Key Accord Against Cyber Attacks

Top 34 global technology & securities firms, led by Microsoft, have signed a “Cybersecurity Tech Accord” to defend people from malicious attacks by cybercriminals & nation-states.The accord is a public commitment among 34 global companies to improve the security, stability and resilience of cyberspace. The economic losses due to cyber attacks are expected to reach $8 trillion by 2022.

Microsoft enabled Digital Payments Support

Microsoft enabled digital payments services on its enterprise social network app “Kaizala” in India.Microsoft has integrated payment services of YES BANK and MobiKwik.Payment integration with Microsoft Kaizala will enable users to quickly send or receive money without having to leave the Kaizala application.

Microsoft opens Garage innovation site

Microsoft inaugurated Garage facility, a maker space for employees, its first in Hyderabad and the 2nd largest in the world after its Redmond Garage facility. Microsoft Garage provides a platform to employees who want to explore ideas, build prototypes or experiment with existing products. India is Microsoft‘s 2nd largest work location after Redmond, which employees close to 45,000 people.

Microsoft and Paisabazaar comes together

Microsoft & have entered into a partnership to develop industry first innovations on Microsoft’s Cloud platform using artificial intelligence & machine learning.The collaboration would help Paisabazaar identify customer needs more accurately, factoring in their lifestyle & life-stage. It would also expedite processes on Paisabazaar platform through automation & digitisation.

Ola inks partnership with Microsoft

Ola announced its strategic partnership with Microsoft company and thereby choose the Microsoft as its preferred cloud provider. It is aimed at providing improved in-car productivity, advanced navigation etc. The advanced telematics platform will transform the car into a high-performing, intelligent vehicle, capable of assessing fuel efficiency, engine performance, and driver performance.